Body set up to check falling rice exports

Published December 6, 2014
Labourers sit on top of a pile of rice sacks. — Reuters/File
Labourers sit on top of a pile of rice sacks. — Reuters/File

KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has formed a committee to look into problems being faced by rice growers and to suggest measures to check falling rice exports.

The committee, to be headed by Sindh aAgriculture Minister Ali Nawaz Khan Mahar, has been also given the mandate to suggest ways and means for improving and enhancing rice cultivation.

A delegation of Rice Exporters Association of Pakistan (Reap), headed by its chairman, Rafique Suleman, on Friday held a meeting with the Sindh CM and apprised him of falling rice prices in the world market and its impact on country’s rice exports.

The delegation members stressed the need for exploring Malaysian rice market as balance of trade is heavily tilted in favour of Malaysia from where palm oil is imported.

They demanded that the government should discuss possibilities of exporting 200,000 tonnes of Pakistani rice to Malaysia.

Similarly, they pointed out that if proper negotiations are made, around 500,000 to 700,000 tonnes of non-Basmati rice could be exported to China. The exporters said they can fetch better price in Indonesia and Iran.

The chief minister was also informed about rice exporters’ problem of power outages which result in closure of processing plants in Hawkesbay Industrial area.

Published in Dawn, December 6th, 2014

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

After the deluge
Updated 16 Jun, 2024

After the deluge

There was a lack of mental fortitude in the loss against India while against US, the team lost all control and displayed a lack of cohesion and synergy.
Fugue state
16 Jun, 2024

Fugue state

WITH its founder in jail these days, it seems nearly impossible to figure out what the PTI actually wants. On one...
Sindh budget
16 Jun, 2024

Sindh budget

SINDH’S Rs3.06tr budget for the upcoming financial year is a combination of populist interventions, attempts to...
Slow start
Updated 15 Jun, 2024

Slow start

Despite high attendance, the NA managed to pass only a single money bill during this period.
Sindh lawlessness
Updated 15 Jun, 2024

Sindh lawlessness

A recently released report describes the law and order situation in Karachi as “worryingly poor”.
Punjab budget
15 Jun, 2024

Punjab budget

PUNJAB’S budget for 2024-25 provides much fodder to those who believe that the increased provincial share from the...